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Cabinet approves draft bill to regulate fintech industry
The draft law that will govern the fintech space received approval from the Madbouly cabinet in its weekly meeting yesterday,…
ADQ teams up with Adnoc on Wataniya bid
Abu Dhabi’s sovereign wealth fund ADQ is joining forces with Abu Dhabi National Oil Company (Adnoc) in its takeover bid…
Algebra Ventures doubles down on Egypt with USD 90 mn fund
Algebra launches USD 90 mn tech fund: Algebra Ventures has launched a second tech fund that will invest USD 90…
What the markets are doing on 6 April 2021
The market value of cryptocurrencies has doubled in just two months to more than USD 2 tn as institutional investors…
Sawari Ventures closes EGP 440 mn Egypt tech fund
Cairo-based VC firm Sawari Ventures has reached final close on its Egypt-focused tech fund, raising USD 28 mn (EGP 440…
At least two state companies could hit the EGX in 3Q2021
Two or three state-owned companies will sell shares on the EGX in 3Q2021, reviving the long-dormant state-privatization program, Public Enterprises…
TE is most influential local brand in Egypt -Ipsos
Telecom Egypt ranked at the top of an Ipsos ranking of the most influential local brands in Egypt for 2020,…
e-Finance making progress to revive Egypt’s state privatization program
State-owned e-payments firm e-Finance could pull the trigger on its IPO sometime during the second half of the year, Chairman…
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